Tax Advisory

Providing sound tax planning solutions is an important part of the services provided at Powell Jones LLP. A significant amount of resources is devoted to developing our staff in the area of taxation in order to provide exceptional advice. Our team of tax professionals is capable of handling a wide variety of tax matters including more complex situations.

Tax Reporting and Compliance

Tax reporting and compliance has become increasingly complex and challenging for many individuals, businesses and organizations in an environment where the rules are constantly changing. Our expertise and experience allows you to spend less time and energy on managing your reporting and compliance requirements.

These services include:

Preparation and filing of personal, estate, and corporate tax returns

Preparation and filing of tax slips such as T4, T4A, T5, T5013

Assisting with CRA audits

Preparation and filing of Charity and Non-Profit Organization returns

Reporting the sale of real property

Preparation and filing special elections and voluntary disclosures

Preparation and filing notice of objections

Filing CRA elections

Agristability and agristability applications

Voluntary disclosures

Interest and penalty relief applications

Tax Planning

Minimizing your tax burden is a result of implementing good strategies. We take an integrated approach to managing your taxes by pro-actively planning for both your corporate and personal goals. Often an integrated plan requires us to perform detailed tax work. We are often engaged to perform services such as:

Corporate re-organizations

Amalgamations and wind ups

Use of life time capital gains exemption

Compensation strategies

Estate and retirement planning

Indirect Tax (GST/HST)

An area that is often overlooked but relevant to many businesses and organizations is the harmonized sales tax (HST). At Powell Jones LLP our tax team is experienced at providing a variety of HST services including: